IBANK 10.4.3 Treatment of off-balance sheet retained securitisation exposures

For off-balance-sheet retained securitisation exposures, an Islamic banking business firm must apply the relevant credit conversion factor, then must multiply the resulting credit equivalent amount by the applicable risk-weight in table 10.4.2.

Note For the treatment of off-balance sheet exposures arising from:

(a) a credit enhancement provided by the firm, see rule 10.4.4;
(b) a credit enhancement provided by sukuk structure, see rule 10.4.5; and
(c) a liquidity facility provided by the firm, see rule 10.4.6.
Inserted by QFCRA RM/2017-1 (as from 1st April 2017).